#### Transcript of Culinary Math - Chapters 6

Calculating Total Cost

What is cost based on for a particular recipe?

Determining Cost Per Unit

As-Purchased Cost

Units of Purchase

**COST**

Edible Portion Cost

As-Purchased Cost

Edible Portion Cost

New Total Cost

Total Cost = EPQ x EPC per unit

**Calculating Food Costs and Menu Prices**

**Culinary Math - Chapter 6**

Cost Per Unit =

As-Purchased Cost

Number of Units

What about when the product is purchased in a unit that differs from the unit used in the recipe?

Total Cost = Number of Units x Cost Per Unit

Must be Same Unit

Steps for Calculating Total Cost

Step 1: Determine the quantity you are costing.

Step 2: Identify the given as-purchased cost information.

Step 3: Select the unit to be used for both the as-purchased cost and the quantity.

Step 4: Perform the calculations necessary to convert the cost per unit and/or the quantity to the unit chosen in step 3.

Step 5: Substitute these number into the total cost formula and multiply to find the total cost.

Step 6: Round any partial pennies up to the next highest cent.

Step 7: Check the answer to make sure it is reasonable.

Edible Portion Cost (EPC) =

As-Purchased Cost (APC)

Yield Percent (in decimal form)

Steps for Calculating EPC

Step 1: Identify the given as-purchased cost information.

Step 2: Decide which unit to use and perform the calculations necessary to convert the as-purchased cost (APC) to this unit.

Step 3: Find the yield percent.

Step 4: Substitute these number into the edible portion cost formula and calculate the answer.

Step 5: Make sure the answer is reasonable.

Find the cost per fluid ounce and cost per can for a six-pack of soda (six 12-fl-oz cans) that sells for $1.99.

Example Problems

How much would 1 teaspoon of cumin cost if 1 cup of cumin weighs 4 ounces and 1 pound of cumin costs $10.60?

You purchase 3 pounds of fresh lychee nuts for $12.45 and the yield is 60 percent. What is the edible portion cost per pound for the fresh lychee nuts?

Jalapenos are purchased for $1.69 a pound. The yield percent is 86 percent. How much would 5 ounces of clean jalapenos cost?

A recipe for Fresh Mango Chutney calls for 2 pounds of small diced mango. Mangoes are purchased by the each for $1.53. Each mango weighs approximately 11 ounces and has a yield of 68%. How much will the mango for this recipe cost?

First...

Where do we identify

as-purchased cost (APC)?

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